PharmaCyte Biotech Inc (PMCB)

[Triple9]

On the surface, it's as plain as day. Dr. Tong is both and MD and an MBA. His appointment is head of Audit Committee. Who better to audit a biotech than someone with both an MD and an MBA?

The speculation is just fun. I can rest very easy at night with my position in a certain electric car company that starts with a "T", even though it has an absurd PE ratio, because it is backed by a Chinese investment company that is looking years down the road instead of just at the next quarter.

In the case of $PCMB the speculation is natural.

It is a fact that China now has more new cases of pancreatic cancer than the US:

Annual diagnoses and deaths of pancreatic cancer in China are now beyond the number of cases in the United States. GLOBOCAN 2012 estimates that cases in China account for 19.45% (65727/337872) of all newly diagnosed pancreatic cancer and 19.27% (63662/330391) of all deaths from pancreatic cancer worldwide.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4499341/

It is a fact that China now has more new cases of diabetes than the US:

One in three of world’s adults with diabetes is in China, WHO reports.

Prevalence of chronic disease among Chinese has risen more than ninefold in a generation, far faster than in rest of world, thanks to unhealthy lifestyles, population growth and ageing

http://www.scmp.com/lifestyle/health-beauty/article/1934513/one-three-worlds-adults-diabetes-china-who-reports